https://youtu.be/Hf2XTrqswLQ?si=LZfOaSgU75u5Ra5R

Tarriffs explained for anyone who may not understand how they actually work.

https://youtu.be/lWWt_WookYI?si=y7eURo83vyYuBH8b
This bloke certainly knows his stuff very interesting detail on the tariffs.

None of this stuff matters.

The countries around the world are begging him to renegotiate which was of course the plan all along.

The movement of the stock market on a given day doesn’t matter a jot. Even after the much criticised Liz Truss budget, the stock markets were back to were they were a fortnight later. They always recover when the panic stops.

I believe the whole truss drama was stage managed by the Tory’s to get Sunak in and bugger the memberships choice..

"Everything is Negotiable"..stop fretting Ursula Enjoy your day on the golf course Mr President

Absolutely right

You are spot on Mr.I

She actually agrees and later it was proven it was the " SO - CALLED BANK OF ENGLAND " that done the damage and not Truss. Bank of England Its staggering that most people still believe its a real bank of England but hey the very same people still believe Buzz Aldrin bounced about on the moon. No wonder we are in so much shit up to our necks. I feel one of those funny roles coming on...

You're in the shit now mate.

The Buzzernator will hunt you down for that remark.

Hasta la vista Leggie...

The majority of the bigger nations should have stuck 2 fingers up at Trump instead of catching the first plane to the States.
One of Trumps latest quotes ‘ Latest Trump quote to Italian representative America has been friends since Roman times ‘
The most perverse tariff rate is the 44% applied to Myanmar, a country mired in a civil war, which has no capacity to buy more US goods.
US exports make up only a small proportion of Myanmar's GDP, less than 1%.
The majority of Americans won’t know where Myanmar is or some of the countries he has imposed tariff on.

I would like to share your enthusiasm Mr I but this fall will only recede if Trump relents which I don’t think he will. World leaders are scrambling to get on planes to America which Trump is lapping up.Some maybe saying I wished the shooter had a better aim.

Show me the proof Leggie it was the BOE who done the damage, do you have a link ?
It must be true about the moon landing,it was shown live on TV ?

so was flash gordon but i,m still not convinced planet mungo exists.

[quote="Snowy"]I believe the whole truss drama was stage managed by the Tory’s to get Sunak in and bugger the memberships choice..[the MPs choice but not the memberships./quote]

How did they manage to do that Snowy, yes I believe Sunak was the MPs choice but the members voted for Truss. Did the MPs orchestrate the Truss disastrous mini budget, by all accounts it was never run past anyone.

Not sure why the obsession with Truss? Is it deflection away from the dogs dinner that Reeves is making of the economy (over and above the current global upheaval)?
Reeves took over a growing economy which is now leading towards recession, above inflation rises to train drivers and Dr's has built up resentment and future problems with pay rises ahead of us (look out for more and more strikes in the next 6 to 9 months), freezing tax thresholds, increasing minimum wage, and employer NI are putting people out of work, etc and this is now, Truss is ancient history in political and economical terms, get over it.

So was the Clangers….

You really are sooooooo naive.
it’s some one saying ‘the bomb exploded’ and you piping up with….’yes, but how does the bomb work?’ no one cares, it joes goes bang.
If someone asked you the time, you’d explain the theory of time, how the clock was built and two hours later the person who asked you is in a coma.

Shussshhhh dont spoil his beliefs he would be deverstated to find out it was just a hoax to convince the sheeeples to part with never ending billions of taxation. Thats why China Russia India etc thought " hey if the yanks can convince the stupid people and make fortunes we should follow them also " I heard he has a toy apollo rocket he runs around the village with making engine noises. Bless at least it keeps him happy and entertained.

exactly. its like football fans remembering a player from the past who was worse than the new signing is to make him look better. too wrong uns do not make a right one and doubt either truss or reeves ever thought it up on there own either. its the ones pulling their strings who are the big problems.

You have a short memory, 14 years of a Tory government, what’s to say they wouldn’t have done any different, when did a Tory government favour the workers.
I agree Labour have got it all wrong but it is what it is unfortunately we currently don’t have any alternatives.

Lost me there Snowy that comment went right over my head.

you have nothing to worry about apart from the banning of number 43 in thailand. poor snowy has suffered as tintin and dick barton are cancelled as they had sidekicks of the same name.

Mr I, Truss cost the economy 40bn, Brexit still costs us 100bn per year, Trump tariffs will cost about 6-10bn. There will be greater losses caused by the economy being potentially smaller as well. Nothing is good about these tariffs. The US will decline faster than it already was doing. What a shit sandwich he's given the American people. A few companies will builds factories there but their financial economy will be worse off which in turn will lead to job losses. Now I must go and book my ticket for the Universal theme park.

I don't even mention stock.market losses so feel I must a
apo!ogise for my optimism.

The economy is in a mess, there's no alternative to Reeves so let's blame Truss, what twisted logic is that?
Nobody denies the effects of the Truss budget, but things were turned around, Reeves budget, actions, and Spring statement stopped growth in it's tracks and the decline continues. Keep up ffs.

somehow its hard to imagine a business man like him and his billionaire mates would do a decision like he has but without something being behind it that will help the country in the long term. the whole thing makes zero sense to me is it the globalists and their propaganda who are the ones against it as like me i doubt there are economic experts on the bunker or any other football messageboard who are in a hissy fit about donald.

It’s to make his billionaires richer end of, Trump doesn’t give a s*** about American citizens, if you have money you have power, it’s all about control.

Admit it…you’re a either Globalist running dog of the Trillionaires or a bit gullible.

In what respect Snowy, Trump is looking after his mates end off.

In what respect Snowy, Trump is looking after his mates end off.

Whatever turns you on, but you’re a globalist.

Truss cost the economy 40bn, Brexit still costs us 100bn per year, Trump tariffs will cost about 6-10bn. There will be greater losses caused by the economy being potentially smaller as well. Nothing is good about these tariffs. The US will decline faster than it already was doing. What a shit sandwich he's given the American people. A few companies will builds factories there but their financial economy will be worse off which in turn will lead to job losses. Now I must go and book my ticket for the Universal theme park.[/quote]
somehow its hard to imagine a business man like him and his billionaire mates would do a decision like he has but without something being behind it that will help the country in the long term. the whole thing makes zero sense to me is it the globalists and their propaganda who are the ones against it as like me i doubt there are economic experts on the bunker or any other football messageboard who are in a hissy fit about donald.[/quote]

It’s to make his billionaires richer end of, Trump doesn’t give a s*** about American citizens, if you have money you have power, it’s all about control.[/quote]
Admit it…you’re a either Globalist running dog of the Trillionaires or a bit gullible.[/quote]

In what respect Snowy, Trump is looking after his mates end off.[/quote]
Whatever turns you on, but you’re a globalist.[/quote]

Define a globalist Snowy, do you actually know what it means, I don’t.

Correct Accy If only a few on here would actually take a few minutes to look at the first two posts I made it may just make them have a change of opinion but sadly nobody ever makes the effort these days and just go on and on about something the experts mainly disagree with. I have looked at these tariffs for many years now both good and bad and from as many view points has I was able to access. I started searching way back in 2016.

Was speaking to a guy I know well from Pennsylvania in the US - just on the edge of the Rust Belt. Always votes Republican. There are two elements of it that he can't understand.

The first is, even if the policy is successful in attracting manufacturing back to the US, where are the people going to come from who are skilled or even trainable in modern manufacturing processes? They certainly aren't sitting there waiting in those parts of the US. And it's not exactly going to be popular if they have to be brought in from overseas.

The second element is that an awful lot of Republican voters have money invested in the US stock market (him included). Although as Mr I says, the markets tend to correct pretty quickly in most cases, there are some where it can take much longer - the 2008 financial shock took over 5 years for the Dow to recover - and if this is the same, that's going to hurt the very people who the policy supposed to appeal to.

It certainly wouldn't be a surprise if a lot of his inner circle have shorted the US stock markets knowing what was coming. I guess we'll find out in time. For once, I'm pleased I'm not that close to retirement...

Excellent informative post, can anyone see the Americans returning to manual Labour in factories producing jeans, trainers etc for £3 an hour ?
It’s like asking young lads here to go back down the pits how many would abandon their keyboards to do that ?

A load of people benefitting from global trade moaning about globalism. Hilarious.

It's mad ! Globalism has become a swearword yet protectionism sounds good. Doesn't anyone see any nuance at all on this bunker?

Globalism has an agenda, but not the benefit of the people.

Everything has an agenda to some degree as it involves human beings. Living standards are up word wide. Not the fault of globalism that some people with power still decide to treat people badly. Protectionism sucks balls and it looks like the penny might have started to drop with Trump.

None of this will matter at all when the oil runs out - which will happen a great deal sooner than we've been led to believe.

Especially what's left of ours, which isn't very much at all.

Drip...drip...drip...

You just have to worry about when the tin foil runs out for your hats

PS have you got any spare?

No. My tin-foil hats will be useful when the bartering starts.

Mind, swapping my hoard of Bacofoil balaclavas for a few chickens might be counter-producitve - especially if I want them cooked right...!

Drip...drip...drip...

The corrupt world of politics.
Trump will of instructed his click.
I'm Gunna sharpish temporarily crash the markets so invest invest invest before I sharpish return them back up.

Easy fast money
Quite a good weeks wages for the inner click.

A very intelligent man is Trumpy who knows how to make things happen.

Meanwhile back in England our I mean the intruders get to live a free lifestyle of luxury.

Trump is many things, none of them good for the normal folk.

Who are these ‘normal folk’…..people who share your views.
Don’t work like that.

People of modest means. It very much does work like that.

In a global marketplace the west will become poorer without tariffs. Rich people will source cheap labour in the far east and in any other poor country where people will work for less. That will sink industry and it has all over the west. Rich people are the problem, they will want to make the most they can

Yes very intelligent just done a massive u turn !

He’s a wheeler dealer and that’s what they do as the markets are now reflecting, your Trump Derangement Syndrome Tablets might need the dose upping.